Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Dolrose Awuor South Nyanza Teachers (Sonyaco) Sacco Society Limited has been hailed for the gallant performance it has recorded so far. This was attested to by the two per cent dividend declared to members by the Society Chairman, Roscheus Otete during the Sacco’s AGM held recently at Sonyaco Hall in Homabay. Speaking during…
By Amoto Dennis A Woman Representative, Shukran Gure (pictured), has urged youths in Garissa County to join Saccos in order to get loans and be involved in meaningful economic activity. Alternatively, she advised the youth to approach the Affirmative Action Fund for financial assistance instead of sitting idle. “I urge the youth not to…
By Amos Kerich Kericho County Governor Prof. Paul Kiprono Chepkwony recently donated milk cans to dairy farmers of Cheborgei Dairy Sacco. The initiative is one of the county’s efforts to improve the sector, including provision of subsidized AI services and other extension services. Chepkwony, while presenting the milk cans, said the largest percentage of…
By Wasike Elvis Uasin Gishu County Government through the Ministry of Trade is set to revive all collapsed Cooperative Societies in the County by giving out funds for this purpose. According to the CEC in charge of Trade, Industry and Tourism Philip Melly, most Cooperatives collapsed due to mismanagement, corruption and lack of qualified staff…
By Boniface Mulu Kitui Women Savings and Credit Co-operative Society Limited is facing a number of challenges related to products, services development, governance and human resources, according to the CEO, Elias Waki. Mr Waki said the society lacks adequate staff and largely relies on the management committee volunteers and Women Enterprise Fund(WEF) officers in Kitui…
By Our Reporter Ollin Sacco plans to launch more innovative and attractive products and services to meet the dynamic needs of its members and customers. Sacco CEO, Richard Ndaka (pictured) said Ollin is set to attract more members through competitive products and services that are tailor made to customer needs.“ As a society, we engage…
By Collins Akong’o Savings and Credit Co-operative Societies(Sacco)leaders have been urged to recruit more member into the movement. According to Qwetu Sacco Chairman Alfred Mlolwa this will help increase the national savings ratio, which currently stands at 9 percent as opposed to 30per cent outlined in Vision2030. He said findings of the Fin Access Report2014…
By Amoto Dennis The County Government has set aside Sh20 million to revive ailing local Co-operative societies. Executive Member for Trade, Industry and Tourism, Adam Dhida said the funds will be used as a revolving fund to provide capital base for Co-operative movement. Speaking after launching Tana Mango Marketing Co-operative, Dhida also revealed that more…
By Munene Maina Nakuru County Government has embarked on an ambitious strategy to strengthen farmer’s co-operatives and boost Agricultural sector. Speaking to Sacco Review in his office, Nakuru Co-operatives Director Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a big role in our county…
By Kamundia Muriithi Focus Realtors Housing Society Ltd has embarked on a process to help her members acquire and develop plots in Rumuruti town, where Laikipia County plans to relocate its headquarters to next year. Nelson Mwenda, the society’s manager said the aim is to empower members acquire land for development in Rumuruti region and…
